Only four stocks have made a profit on Upbit in the past three months

In particular, the two stocks are Tether, a stablecoin, and USDC.

Out of the 161 stocks listed on Upbit from December 5th to the 4th of last year, 147 coins were profitable, except for 14 stocks less than three months ago.

In particular, the two stocks are Tether, a stablecoin, and USDC.

In fact, only two stocks made profits, and the rest recorded disastrous results.

This is because the virtual asset market has been sluggish since U.S. President Donald Trump took office.

According to Upbit on the 5th, out of 161 stocks listed on Upbit from December 5th to the 4th of last year, 147 coins were profitable, except for 14 stocks less than three months ago.

Of these, STP rose 44.53%, the highest return, followed by XRP at 15.34%.

Stablecoin rose 5.73% and 5.58% for USDC and Tether, respectively.

The remaining 143 stocks were all down. The best of these is Bitcoin, which is down 5.23%.

81 stocks, or 55% of the total, have fallen more than 50% over the past three months.

This is because the "tariff war" initiated unilaterally by U.S. President Donald Trump is intensifying.

As the U.S. announced on the 4th (local time) that it would impose new tariffs on Canada, Mexico and China, the three countries also retaliated.

The U.S. began imposing 25% tariffs on products imported from Canada and Mexico, and 10% additional tariffs on products imported from China, following 10% last month.

Although Trump took office amid expectations that he is president of Coin, virtual assets are also suffering from weakness as he puts the global economy into crisis.

The fear-seeking index, which represents the market's investor sentiment, has also maintained an extreme state of fear since the 25th of last month.

These indicators, expressed as 0 to 100, indicate an extreme state of fear if it is 25 or less.

It is the first time since September 7 last year that this indicator has fallen to an extreme state of fear.